American Economist articles from March 2004

American Economist archives from March 2004

Franco Modigliani: 1918-2003, in memoriam.(Obituary)
March 22, 2004... On September 25, 2003 the profession of economics and finance lost one of its prominent players. Born in Italy in 1918, Professor Franco Modigliani demonstrated his exceptional abilities when he enrolled in the University of Rome at the age of...

On entrepreneurship, growth and rent-seeking: Henry George updated.
March 22, 2004... Progress and Poverty, that memorable work of Henry George, leaves us with three main messages: first, that the rent of land is an egregious contributor to inequality; second, that rent, unlike other income sources, can be taxed without...

Information and the change in the paradigm in economics, Part 2.
March 22, 2004... APPLICATIONS OF THE NEW PARADIGM The new theory of the firm and the foundations of modern macro-economics Of all the market failures, the extended periods of underutilization of resources--especially human resources--is of the...

The strategic use of convertible debt in "deep pocket" predatory games.
March 22, 2004... 1. Introduction The purpose of this study is to extend Poitevin (1989) to demonstrate that noncallable convertible debt can be used to avoid predation by an incumbent firm against an entrant in a "deep pocket" predatory game. The deep...

The sensitivity analysis of the FHA technique of housing market analysis: the effect of ratios and variables, and their perturbations on family and elderly demand estimates.(Federal Housing Administration)
March 22, 2004... Introduction In their celebrated article, Klein and Kosobud (1961, 178) had pioneered the use of both "fundamental parameters" and "simple ratios" in economic theory. Housing economists had been following the FHA techniques by focusing on...

Chapter roll.(Illustration)
March 22, 2004... CHAPTER ROLL STATE & CHAPTER UNIVERSITY FACULTY ADVISER Alabama Alpha Auburn University-Auburn Prof. Richard W. Ault Beta Univ. of Alabama- Prof. Billy Helms ...